Today: 9 June 2026
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NYSE:TTE 17 November 2025 - 3 March 2026

Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Brent crude rose 7% to $83.44 a barrel Tuesday as Iran’s war with the U.S. and Israel disrupted Middle East oil and gas output, hitting Exxon Mobil, TotalEnergies, and Shell. Qatar halted LNG production after drone attacks, affecting about 20% of global supply. Tankers have avoided the Strait of Hormuz after insurers pulled coverage. Exxon shares gained 1.1% Monday; analysts raised price targets.
TotalEnergies seals €5.1bn all‑stock JV for 50% of EPH’s flexible power portfolio, adding 14GW across Europe (17 Nov 2025)

TotalEnergies seals €5.1bn all‑stock JV for 50% of EPH’s flexible power portfolio, adding 14GW across Europe (17 Nov 2025)

TotalEnergies will acquire a 50% stake in EPH’s flexible power generation platform for €5.1 billion in stock, forming a joint venture with over 14 GW of assets across Western Europe. EPH will receive 95.4 million new TotalEnergies shares, gaining about 4.1% of the company. The deal values the portfolio at €10.6 billion and is expected to close by mid-2026, pending approvals.

Stock Market Today

  • Microsoft Stock Dips Amid Inflation Fears and SpaceX IPO Anticipation
    June 9, 2026, 3:08 PM EDT. Microsoft shares slipped 2% Tuesday amid broader market declines-S&P 500 down 0.6%, Nasdaq down 1.7%. The stock initially fell over 3% but rebounded slightly. The slide reflects investor anxiety over tomorrow's May Consumer Price Index (CPI) report, which could signal higher inflation and prompt the Federal Reserve to hike interest rates. Microsoft did announce an expanded AI partnership with KPMG involving Microsoft 365 Copilot, a positive development overshadowed by macroeconomic concerns. Market watchers are also eyeing SpaceX's upcoming IPO, expected at a $1.77 trillion valuation, which could stoke volatility. The tech sector remains vulnerable amid inflation worries and investor caution ahead of key events.

Latest articles

Salesforce Cuts More Jobs, Wall Street Watches the Calendar

Salesforce Cuts More Jobs, Wall Street Watches the Calendar

9 June 2026
Vanguard’s S&P 500 ETF (VOO) became the first ETF to surpass $1 trillion in assets, drawing investor scrutiny to index concentration and fee competition as tech stocks dragged VOO down about 1% Tuesday; the milestone intensifies debate over valuation risks and whether to stick with VOO or shift to broader funds like VTI.
Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

9 June 2026
Vanguard’s S&P 500 ETF (VOO) became the first ETF to surpass $1 trillion in assets, drawing renewed scrutiny to low fees, index concentration, and valuation risks as tech stocks slid and VOO fell about 1% Tuesday, highlighting investor debate over sticking with S&P 500 trackers or shifting to broader funds like VTI.
AI chip ETF bulls hit with more losses as leveraged funds slide

AI chip ETF bulls hit with more losses as leveraged funds slide

9 June 2026
SOXL plunged 15.4% as leveraged semiconductor funds led tech’s sharp selloff, testing the narrow AI trade behind this year’s market gains; major chip stocks like AMD and Broadcom also tumbled, with investors eyeing Wednesday’s CPI data and the upcoming SpaceX listing as key risks for further volatility.
Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

9 June 2026
Bitcoin slid to near $61,000, down 3%, as traders cut risk ahead of Wednesday’s U.S. inflation report, which is expected to show May CPI up 4.2% year-on-year—well above the Fed’s 2% target—keeping rate-hike risk in play and pressuring crypto and related stocks, with $5.8 billion in digital asset outflows reported in recent weeks.
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